XML 54 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Revenues $ 233,073 $ 212,470 $ 137,212
Cost of goods sold 152,021 144,903 100,304
Gross profit 81,052 67,567 36,908
Operating expenses:      
Salaries, benefits and payroll taxes 11,560 11,043 8,219
Depreciation and amortization 2,411 1,843 525
Selling, general and administrative 11,328 12,825 9,459
Change in the estimated fair value of contingent consideration (3,272) (1,858) 0
Impairment loss 15,542 17,835 0
Total operating expenses 37,569 41,688 18,203
Operating income 43,483 25,879 18,705
Other income (expenses):      
Interest expense, net (3,621) (2,266) (450)
Loss on extinguishment of debt (561) 0 0
Other income 131 197 462
Total other income (expenses), net (4,051) (2,069) 12
Income before income tax expense (benefit) 39,432 23,810 18,717
Income tax expense (benefit) 7,809 5,122 (2,809)
Net income $ 31,623 $ 18,688 $ 21,526
Net income per common share:      
Basic (in dollars per share) $ 0.79 $ 0.46 $ 0.54
Diluted (in dollars per share) $ 0.78 $ 0.46 $ 0.53
Weighted-average number of common shares:      
Basic (in shares) 40,135 40,427 40,208
Diluted (in shares) 40,337 40,449 40,304